View more on these topics

Britannia opens branch in store

Britannia Building Society is setting up a branch in Northampton retail store Beatties.

The society is also setting up two more Britannia Simply Mortgages stores within the next two months.

It is expanding into less conventional branch outlets following the success of a pilot project in Solihull where it set up its first Simply Mortgages store in April.

Simply Mortgages is a retail outlet that sells only mortgages.

The Beatties-based branch in Northampton will sell savings, mortgages and investment products. Customers will be able to use interactive computers to get instant quotes on mortgages. The Britannia branch will have four staff.

Britannia director of retail operations Graham Stow says: "Britannia recognises the importance of offering a modern financial facility which is accessible to the customer."

The building society declines to reveal how much money it is investing in the new stores.

Beatties general manager Neil Jones says: "This initiative from Britannia is ideal for our customers. It offers everything under one roof."


&#39Big four&#39 managers losing ground

There are signs that the four major pension fund managers in the UK are losing market share to smaller groups because of underperformance. The 1997 Pension Fund Statistics released by the Combined Actuarial Performance Services last week shows Gartmore, Schroder, PDFM and Mercury Asset Management all losing ground to smaller pension fund managers. The market […]

Pep Mortgage Puzzle

I ended last week&#39s article on the note that the reduction in ultimate fund value, say, of a Pep caused by the eventual inability to reclaim ACT credits could have a significantly important impact on those who are funding for a particular amount to be produced to repay an interest-only mortgage. Commentators have, even this […]

DAvy hits back at new Liddell attack on DBS

DBS has come under fire from Treasury economic secretary Helen Liddell for lack of progress in the pension review. Liddell has publicly criticised DBS for figures which show a doubling in the number of its review cases. But DBS chairman Ken Davy says the figures for the 1,800-member network include non-priority phase two cases, which […]

Homeloans hold key to future

Mortgages will become the most important financial services product and IFAs neglecting this area will find themselves squeezed out by other aggressive players, such as banks, building societies and supermarkets. Far-fetched? Nick Baxter, partner at Bridge Baxter, the High Wycombe-based IFA company, thinks not. As spokesman for IFA Mortgages, part of the IFA Association, he […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm